Morrison & Co reaches final close of the Morrison & Co Growth Infrastructure Fund

H.R.L. Morrison & Co has reached the third and final close of the Morrison & Co Growth Infrastructure Fund (MGIF), raising capital to invest in infrastructure delivering essential services that support future economic activity.

This final close for MGIF, which attracted both new and existing investors, has brought the total fund size to approx. AUD580 million (US$414.42 million). Morrison & Co has identified an attractive pipeline of investments for the MGIF portfolio to help upgrade and build businesses that address fundamental societal needs for the future.

MGIF takes a long-term perspective of investments, focusing on the fundamental value of essential infrastructure services, and targets gross returns of 13-15% per annum.